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The Financial Services Agency (FSA) of Japan granted a permit to Coinbase, the US-listed cryptocurrency exchange, becoming the first Western firm to receive a license of its kind. The FSA updated its database on crypto exchanges licensed, and according to the guidelines, the company is approved to offer trading services on BitcoinRead More →

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U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions. TheRead More →

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Brian Armstrong, Coinbase’s co-founder and CEO, has revealed the majority of traders on Coinbase Pro are now institutional investors. Speaking to Fred Wilson, co-founder of Union Square Ventures and investor in Coinbase, Armstrong said: “90% of the money in the world is tied up in institutions, it’s not just retail.Read More →

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Coinbase, one of the most popular U.S.-based crypto exchanges, has allegedly banned the personal account of British right-wing pundit Milo Yiannopoulos. Yiannopoulos, who has previously made high-profile and controversial remarks which led him to having his account closed on other media platforms, posted a screenshot to Gab earlier this month detailingRead More →